Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (59777)	5/29/2008 7:51:50 PM
From: marcos	Read Replies (1) of 78413

trx.v/g.to - but Berg will be freed up from the major's interest then, if/when the 240m shs in Terrane held by Goldcorp are cancelled ... there isn't any extra dilution happening, they're just re-arranging the terms it is stated in, and applying their interest directly to Mt Milligan, instead of an overall interest in Terrane ... so Berg will be 100% trx ... overall, i see advantages in this outweighing the disadvantages, mainly because it appears they are going ahead with the project, spending millions on long-lead-time items Really though, wouldn't you expect them to want 100% of MtM before it's very much more advanced? ... some kind of buyout/takeover coming sooner or later, imho, what they're doing now is an interim measure

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